PPP Loan information for Forbes trucking llc

$19,800

Forbes trucking llc was initially approved for PPP Loan of amount $19,800, the current approved amount is $19,800. The loan was approved on 04/07/2020 by The Farmers & Merchants Savings Bank reported 2 jobs and $19,800 was used to fund payroll.

Forbes trucking llc is Existing or more than 2 years old

FORBES TRUCKING LLC

Date Approved

04/07/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

FORBES TRUCKING LLC

Borrower Address

24114 245TH ST

Borrower City

CONESVILLE

Borrower State

IA

Borrower Zip

52739-8003

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

19800.00

Current Approval Amount

19800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25202

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

2235 Mormon Trek Blvd

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52246-4436

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CONESVILLE

Project County Name

LOUISA

Project State

IA

Project Zip

52739-8003

CD

IA-01

Jobs Reported

2

NAICS Code

484220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

990.00

Payroll Proceed

14850.00

Mortgage Interest Proceed

3960.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

25202

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

19900.90

Forgiveness Date

10/20/2020

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